Home Business & Economy CBN Set To Mark e-Naira’s One Year Anniversary

CBN Set To Mark e-Naira’s One Year Anniversary

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CBN Set To Mark e-Naira’s One Year Anniversary

The Central Bank of Nigeria (CBN), has announced plans to celebrate the one-year anniversary of Africa’s First Central Bank Digital Currency with a week-long program.

President Muhammad Buhari launched Nigeria’s Central Bank Digital Currency tagged “e-Naira” on the 25th of October 2021 at the State House, Aso Villa in Abuja.

Read Also: CBN postponed launch of e-naira in Nigeria

The e-Naira according to the apex bank has put Nigeria in the global spotlight as one of the pioneers to deploy a Central Bank Digital Currency (CBDC) into live production.

This has continued to attract the interest of global stakeholders such as the IMF, World Bank, other Central Banks, and the CBDC community.

Unveiling the program for the one year anniversary, the Central Bank of Nigerian will be holding a one-day workshop with the theme: “Leveraging Innovation for Inclusive Growth and Development: The eNaira Advantage”scheduled to take place tomorrow, in Lagos.

The objectives of the workshop include the following review the eNaira implementation journey, one year after; to drive further adoption of the eNaira through public engagement; and to facilitate global policy dialogue on CBDC to promote peer learning and benchmarking.

The event will be hosted by the Governor, Godwin Emefiele, while the Ministers of Communication and Digital Economy and Humanitarian Affairs will be speakers at the event.

Read Also: CBN Applauds Remita’s Usage Of e-Naira For Transaction

Other key participants at the event include the Chief Executives of the Securities and Exchange Commission (SEC), the Nigeria Inter-Bank Settlement System Plc (NIBSS), the Nigerian Deposit Insurance Corporation (NDIC), and the National Information Technology Development Agency (NITDA), members of the Bankers’ Committee, the academia, financial services, and telecommunications regulators, merchants, agents, cooperative groups and technical experts, the entertainment industry; amongst others.

The event will also feature a policy round-table discussion on “Effective Collaboration for National Development (Infrastructure, Interoperability, regulation)” and a panel discussion on “eNaira Adoption for economic growth”.

The CBN, therefore, encourages Nigerians to be part of the celebration which shall be streamed live on the bank’s social media channels as well as those dedicated to the eNaira.

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